If you secure finance on a long term bond at a low interest rate and the rates start climbing, you don't pay more interest, the face value of the bond will just drop in value for the holder of the bond.
Big corporations don't obtain finance the same way we secure mortgages on variable interest rates.
If you secure finance on a long term bond at a low interest rate...
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Last
8.7¢ |
Change
0.005(6.10%) |
Mkt cap ! $153.4M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.7¢ | 8.2¢ | $141.9K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5230 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 117640 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.5¢ |
Change
0.005 ( 3.66 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.5¢ | 8.2¢ | 619854 | ||
| Last updated 15.20pm 03/05/2024 ? | |||||
| 4DS (ASX) Chart |